An easement on a title search in British Columbia is a legal right that allows someone else to use a portion of your property for a specific purpose, even though you retain ownership of the property. Easements can be granted by the property owner to another party or created by law.
Common examples of easements include:
Right of way: This type of easement allows someone to pass through your property, such as a utility company accessing their equipment.
Drainage easement: This type of easement allows for water or sewer line to flow through a portion of your property.
When an easement is present on a property, the owner still has the right to use the property subject to the terms of the easement. Easements can affect the use and value of a property, so it's important to understand the terms of any easements before purchasing a property.
Easements are typically recorded in the land title office and are disclosed in a title search, which is a document that provides information about the ownership and any encumbrances or restrictions on a property. If you have any questions or concerns about an easement on your title search, it is recommended that you consult with a real estate lawyer.
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